Shubin Nadal, DRA Advisors sell Northridge office campus for $171M

Shubin Nadal Realty Investors and DRA Advisors have sold an office campus in Northridge for $171 million — a roughly 30 percent discount from its listing price, The Real Deal…

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Pendulum Sells Off Stadium Crossings

Source: Orange County Business JournalBy Katie Murar After generating a 45% premium on its sale of the mixed-use Stadium Crossings complex in Anaheim, one of its first area investments, Pendulum…

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Newmark Executes $31.5 Million Sale of Fully Leased Office Asset Adjacent to Angels Stadium

Source: Newmark Newmark[1] announces it has completed the sale of Stadium Crossings, a four-story, 100% leased, multi-tenant office building in Anaheim, California for $31.5 million. Newmark Co-Head of U.S. Capital…

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Top CRE Executive Launches Pendulum Property Partners

Irvine, Calif.—Kevin Hayes, former senior vice president for Lincoln Property Co., has established Pendulum Property Partners, a fully integrated real estate firm that owns, operates, develops and manages commercial and multifamilyassets. Based in…

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